Kazakhstani Tenge (KZT) Exchange Rates on 07th December 2019 (07/12/2019)

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Exchange rates for Kazakhstani Tenge (KZT)

Updated: 2019-12-07
Convert from Convert to 1 KZT Conversion in currency Conversion
KZT GBP 0.002 KZT to GBP 507.1149 GBP to KZT
KZT BGN 0.0046 KZT to BGN 218.5267 BGN to KZT
KZT HRK 0.0174 KZT to HRK 57.385 HRK to KZT
KZT CZK 0.0598 KZT to CZK 16.7217 CZK to KZT
KZT DKK 0.0175 KZT to DKK 57.1267 DKK to KZT
KZT HUF 0.7757 KZT to HUF 1.2892 HUF to KZT
KZT LVL 0.0016 KZT to LVL 638.0194 LVL to KZT
KZT LTL 0.0077 KZT to LTL 130.7028 LTL to KZT
KZT MKD 0.1439 KZT to MKD 6.9507 MKD to KZT
KZT MDL 0.0451 KZT to MDL 22.1873 MDL to KZT
KZT NOK 0.0237 KZT to NOK 42.2412 NOK to KZT
KZT PLN 0.01 KZT to PLN 99.8155 PLN to KZT
KZT RON 0.0112 KZT to RON 89.3132 RON to KZT
KZT RUB 0.165 KZT to RUB 6.0612 RUB to KZT
KZT SEK 0.0246 KZT to SEK 40.6455 SEK to KZT
KZT CHF 0.0026 KZT to CHF 389.4026 CHF to KZT
KZT TRY 0.015 KZT to TRY 66.8095 TRY to KZT
KZT UAH 0.0615 KZT to UAH 16.2724 UAH to KZT
Updated: 2019-12-07
Convert from Convert to 1 KZT Conversion in currency Conversion
KZT ARS 0.1552 KZT to ARS 6.4433 ARS to KZT
KZT BOB 0.0179 KZT to BOB 55.8095 BOB to KZT
KZT BRL 0.0107 KZT to BRL 93.1885 BRL to KZT
KZT CAD 0.0034 KZT to CAD 291.1647 CAD to KZT
KZT KYD 0.0022 KZT to KYD 463.0831 KYD to KZT
KZT CLP 2.0151 KZT to CLP 0.4962 CLP to KZT
KZT COP 8.8733 KZT to COP 0.1127 COP to KZT
KZT CRC 1.4666 KZT to CRC 0.6818 CRC to KZT
KZT DOP 0.1377 KZT to DOP 7.2632 DOP to KZT
KZT SVC 0.0227 KZT to SVC 44.1042 SVC to KZT
KZT FJD 0.0056 KZT to FJD 177.5011 FJD to KZT
KZT HNL 0.0645 KZT to HNL 15.5024 HNL to KZT
KZT JMD 0.3642 KZT to JMD 2.7457 JMD to KZT
KZT MXN 0.05 KZT to MXN 20.002 MXN to KZT
KZT ANG 0.0044 KZT to ANG 225.0304 ANG to KZT
KZT PYG 16.6914 KZT to PYG 0.0599 PYG to KZT
KZT PEN 0.0088 KZT to PEN 114.1978 PEN to KZT
KZT TTD 0.0175 KZT to TTD 57.1177 TTD to KZT
KZT USD 0.0026 KZT to USD 385.9317 USD to KZT
KZT UYU 0.098 KZT to UYU 10.2028 UYU to KZT
KZT VEF 0.0259 KZT to VEF 38.6415 VEF to KZT
Updated: 2019-12-07
Convert from Convert to 1 KZT Conversion in currency Conversion
KZT AUD 0.0038 KZT to AUD 264.1091 AUD to KZT
KZT BDT 0.2197 KZT to BDT 4.551 BDT to KZT
KZT BND 0.0035 KZT to BND 283.8049 BND to KZT
KZT CNY 0.0182 KZT to CNY 54.8565 CNY to KZT
KZT INR 0.1847 KZT to INR 5.413 INR to KZT
KZT IDR 36.3377 KZT to IDR 0.0275 IDR to KZT
KZT JPY 0.2813 KZT to JPY 3.5543 JPY to KZT
KZT MYR 0.0108 KZT to MYR 92.7832 MYR to KZT
KZT MVR 0.04 KZT to MVR 24.9788 MVR to KZT
KZT NPR 0.2953 KZT to NPR 3.3865 NPR to KZT
KZT NZD 0.004 KZT to NZD 252.9304 NZD to KZT
KZT PKR 0.4011 KZT to PKR 2.493 PKR to KZT
KZT PGK 0.0088 KZT to PGK 113.8316 PGK to KZT
KZT PHP 0.1316 KZT to PHP 7.5993 PHP to KZT
KZT SCR 0.0355 KZT to SCR 28.1656 SCR to KZT
KZT SGD 0.0035 KZT to SGD 283.7466 SGD to KZT
KZT KRW 3.0736 KZT to KRW 0.3253 KRW to KZT
KZT LKR 0.4695 KZT to LKR 2.1298 LKR to KZT
KZT TWD 0.0789 KZT to TWD 12.6797 TWD to KZT
KZT THB 0.0786 KZT to THB 12.7149 THB to KZT
Updated: 2019-12-07
Convert from Convert to 1 KZT Conversion in currency Conversion
KZT BHD 0.001 KZT to BHD 1023.3999 BHD to KZT
KZT EGP 0.0418 KZT to EGP 23.9072 EGP to KZT
KZT HKD 0.0203 KZT to HKD 49.2885 HKD to KZT
KZT ILS 0.009 KZT to ILS 111.1667 ILS to KZT
KZT JOD 0.0018 KZT to JOD 544.3016 JOD to KZT
KZT KWD 0.0008 KZT to KWD 1271.2256 KWD to KZT
KZT LBP 3.9175 KZT to LBP 0.2553 LBP to KZT
KZT OMR 0.001 KZT to OMR 1002.28 OMR to KZT
KZT QAR 0.0094 KZT to QAR 106.0034 QAR to KZT
KZT SAR 0.0097 KZT to SAR 102.9221 SAR to KZT
KZT AED 0.0095 KZT to AED 105.0714 AED to KZT
KZT YER 0.6487 KZT to YER 1.5416 YER to KZT
Updated: 2019-12-07
Convert from Convert to 1 KZT Conversion in currency Conversion
KZT DZD 0.3103 KZT to DZD 3.2223 DZD to KZT
KZT KES 0.2635 KZT to KES 3.7944 KES to KZT
KZT MUR 0.0946 KZT to MUR 10.5727 MUR to KZT
KZT MAD 0.025 KZT to MAD 40.0033 MAD to KZT
KZT NAD 0.038 KZT to NAD 26.3428 NAD to KZT
KZT NIO 0.0879 KZT to NIO 11.3809 NIO to KZT
KZT NGN 0.9393 KZT to NGN 1.0646 NGN to KZT
KZT SLL 25.2635 KZT to SLL 0.0396 SLL to KZT
KZT ZAR 0.0379 KZT to ZAR 26.3938 ZAR to KZT
KZT TZS 5.9534 KZT to TZS 0.168 TZS to KZT
KZT TND 0.0074 KZT to TND 135.2009 TND to KZT
KZT UGX 9.5485 KZT to UGX 0.1047 UGX to KZT
KZT XOF 1.5314 KZT to XOF 0.653 XOF to KZT
KZT ZMK 23.3233 KZT to ZMK 0.0429 ZMK to KZT

Kazakhstani Tenge (KZT)

Sign лв
1 Kazakhstani Tenge is subdivided into 100 tiin.

The Kazakhstani tenge uses the international currency code of KZT and is the official currency used in the Republic of Kazakhstan. Each tenge is written in monetary transactions by the symbol "лв" and each tenge can be split into 100 tiin. The name "tenge" can be translated to mean "scales" or a "set of scales" and is near in relation to the Russian word for money, den'gi. The central bank of Kazakhstan is the National Bank of Kazakhstan, this central bank is the sole issuer of the currency and manages monetary policy that has a direct impact on its value worldwide.

Coins used:
1, 2, 5, 10, 20, 50, 100 tenge

Banknotes used:
200, 500, 1,000, 2,000, 5,000, 10,000 tenge

Central Bank
National Bank of Kazakhstan
The National Bank of Kazakhstan has in current circulation denominations of coins available as 1, 2, 5, 10, 20, 50, and 100 tenge and banknotes available as 200, 500, 1,000, 2,000, 5,000, and 10,000 tenge. Clearly absent are any coins denominated in the sub unit of the tenge, the tiin. This is because Kazakhstan has experienced substantial inflation over the years and as such the tiin quickly became obsolete, though the value of the tiin does continue to show itself in accounting.

Kazakhstan has as its largest export crude oil and with the price of crude increasing over the last decade the cash inflow from that crude oil export has grown the Kazakhstan GDP considerably where 7 of the last ten years the Kazakhstan GDP has increased by over 9.6% annually. With this growth and the large amount of incoing currencies inflation has been a persistent problem hovering between 7%-9% for years and pushing 7.8% in 2010. How the National bank of Kazakhstan plans to address inflation or if it finds it as an acceptable consequence of fast growth is not known nor has it been publicly addressed. The consequences of this lack of clarity and/or policy action will play out over the coming years and leave outsiders hesitant to hold KZT for any significant length of time.

Other References
Wikipedia article on Kazakhstani Tenge
XE.com Live Currency Converter for KZT

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